$RLC – BULLS DEFEND CRUCIAL DEMAND ZONE!

$RLC has bounced off a strong demand zone near $1.14, showing signs of bullish defense after a steep decline. The price is attempting a reversal with a slight bullish structure on the 1H chart. If momentum builds above $1.17, we could see a push toward the first resistance level at $1.221 (TP1), with further upside potential toward $1.302 (TP2).

A clean break above $1.17 with volume would confirm bullish intent. This setup offers a favorable risk-reward from the current zone with clearly defined targets. Keep an eye on the $1.14–$1.15 support — holding above this zone is key for continuation.

Trade Setup: • Entry: $1.16–$1.17

• TP1: $1.221

• TP2: $1.302

• SL: $1.138

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